RINA NORWAY AS

3211 SANDEFJORD

Finances

Share Ownership

Return on Equity

67,16 %

Current Ratio

0,84

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 561 000	11 567 000	10 092 000	10 542 000
Net Income	−636 000	−661 000	886 000	1 821 000
Total Assets	7 769 000	4 596 000	3 338 000	4 627 000
Total Equity	−947 000	−310 000	350 000	350 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 561 000	11 567 000	10 092 000	10 542 000
Expenditure	11 137 000	12 413 000	8 932 000	8 088 000
Operating Profit	−577 000	−847 000	1 160 000	2 453 000
Financial Income	146 000	107 000	157 000	165 000
Financial Costs	382 000	106 000	164 000	283 000
Financial Balance	−236 000	1 000	−7 000	−118 000
Earnings Before Tax	−813 000	−846 000	1 153 000	2 335 000
Tax	−176 000	−185 000	267 000	514 000
Net Income	−636 000	−661 000	886 000	1 821 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	439 000	262 000	77 000	29 000
Total Current Assets	7 330 000	4 333 000	3 261 000	4 598 000
Total Assets	7 769 000	4 596 000	3 338 000	4 627 000
Total Retained Equity	−1 297 000	−660 000	0	0
Total Equity	−947 000	−310 000	350 000	350 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 715 000	4 906 000	2 988 000	4 277 000
Total Equity and Debt	7 769 000	4 596 000	3 338 000	4 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 561 000	11 567 000	10 092 000	10 542 000
Other Income	0	0	0	0
Revenue	10 561 000	11 567 000	10 092 000	10 542 000
Cost of Goods Sold	531 000	2 932 000	2 428 000	1 255 000
Salary Costs	7 196 000	6 120 000	3 348 000	3 300 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 137 000	12 413 000	8 932 000	8 088 000
Operating Profit	−577 000	−847 000	1 160 000	2 453 000
Financial Income	146 000	107 000	157 000	165 000
Financial Costs	382 000	106 000	164 000	283 000
Financial Balance	−236 000	1 000	−7 000	−118 000
Dividends	0	0	886 000	1 821 000
Net Income	−636 000	−661 000	886 000	1 821 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	380 000	204 000	19 000	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	59 000	59 000	59 000	1 000
Total Fixed Assets	439 000	262 000	77 000	29 000
Stock	893 000	324 000	860 000	457 000
Total Investments	0	0	0	0
Cash, Bank	1 104 000	1 498 000	1 099 000	995 000
Total Current Assets	7 330 000	4 333 000	3 261 000	4 598 000
Total Assets	7 769 000	4 596 000	3 338 000	4 627 000
Total Equity	−947 000	−310 000	350 000	350 000
Short-Term Group Debt	6 878 000	3 287 000	1 160 000	806 000
Total Long-Term Debt	0	0	0	0
Creditors	274 000	25 000	34 000	133 000
Unpaid Taxes	626 000	733 000	323 000	609 000
Dividends	0	0	886 000	1 821 000
Other Current Debt	937 000	861 000	327 000	403 000
Total Current Debt	8 715 000	4 906 000	2 988 000	4 277 000
Total Equity and Debt	7 769 000	4 596 000	3 338 000	4 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,16 %	213,23 %	253,14 %	520,29 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−5,46 %	−7,32 %	11,49 %	23,27 %
Current Ratio	0,84	0,88	1,09	1,08
Quick Ratio	0,94	0,95	1,53	1,2
Equity Ratio	−0,12	−0,07	0,1	0,08
Gross Profit Margin	94,97 %	74,65 %	75,94 %	88,1 %